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Stock impact report

Why Seadrill (SDRL) Stock Is Trading Up Today [Yahoo! Finance]

Transocean Ltd (Switzerland) (RIG) 
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.deepwater.com
Company Research Source: Yahoo! Finance
sector received a boost as competitor Transocean announced a significant new contract, lifting peers. Transocean secured a $158 million contract for a five-well campaign, reflecting what the company described as improving market conditions and continued demand for high-specification ultra-deepwater drilling units. This positive industry news appeared to lift shares of other offshore drillers, including Seadrill. After the initial pop the shares cooled down to $46.74, up 1.7% from previous close. Is now the time to buy Seadrill? Access our full analysis report here, it's free What Is The Market Telling Us Seadrill's shares are quite volatile and have had 16 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 10 days ago when the stock gained 3.4% on the news that President Trump hel Show less Read more
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